Rocky Mountain High Brands, Inc. Receives First Shipment of $1.6 Million Machinery for Its Co-Packing Subsidiary
November 18, 2020 at 09:52 pm
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Rocky Mountain High Brands, Inc. announced that the first shipment of machinery was delivered to its co-packing subsidiary in Plano, Texas as part of the asset purchase agreement with Mogul Trading, LLC. On September 17, 2020, RMHB purchased $1,600,000 worth of machinery from Mogul Trading for shares of Rule 144 stock in RMHB. The shares were issued in September and are reflected in the outstanding share count on the OTC Markets website. The purchase price included delivery of all the acquired assets to the co-packing facility operated by Rocky Mountain Productions, Inc. (RMP) in Plano and will be installed production ready. The installation of all the acquired assets will be at Mogul Trading’s sole cost and expense. The additional acquired machinery accommodates hand sanitizer and expanding the beverage filling capabilities of Rocky Mountain Productions. The equipment decisively shapes the Company’s future and capacity for new innovations. The inventory that arrived primarily consisted of: mono block bottle system with feeder, wash, filler, and capper; 12-head rotary bottle line system with feeder, descrambler, and capper; and numerous smaller component parts. Coming soon, shipments of additional machinery will include: 12-head rotary bottle line system; stainless steel two-head filler system; stainless steel four-head filler system; three labeling machines; pallet wrapper; and miscellaneous component parts.
Rocky Mountain High Brands, Inc. is a consumer goods company that specializes in the developing, manufacturing, marketing, and distributing quality, health conscious, hemp oil and hemp extract-infused products that span various categories including beverage, food, fitness and skin care. It is also engaged in the business of canning both its own beverages as well as canning beverages for other customers. Through its subsidiary, Wellness For Life, Inc., the Company markets a lineup of CBD-infused products under the HEMPd brand. Its CBD-infused products include tinctures, serenity hemp lotion, gummies, water soluble concentrate, capsules, triple relief salve, liquid e-juice and e-juice vape cartridges. It also sells citrus energy drink under its Rocky Mountain High Brands name. Its hemp-infused functional beverages include Citrus Energy, Black Tea, Mango Energy, Lemonade and Coconut Lime Energy drink, as well as hemp-infused 2 ounce (oz), Mango Energy Shots and Mixed Berry Energy Shots.
ROCKY MOUNTAIN HIGH BRANDS, INC. 
